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From means to end: Understanding the millennial mind when buying luxury jewelry brands
Journal of Global Fashion Marketing Pub Date : 2022-07-26 , DOI: 10.1080/20932685.2022.2085606
Pavida Ratakam 1 , Phallapa Petison 1
Affiliation  

ABSTRACT

For those in the luxury fashion industry, the global fine jewelry market has rebounded from the effect of the COVID-19 pandemic due to the participation of millennials. Understanding the attitudes and values that drive millennials’ decision-making processes, as well as acquiring better knowledge of how their needs change, is essential to aid the survival of luxury brands. This research applied the means-end theory as a framework to explore millennials’ preferences regarding the product attributes, benefits, and values that drive purchasing decisions. Thirty Thai millennials participated in the hard laddering interviews. The means-end chains obtained were analyzed using the LadderUX software. Brand, product function, and beauty are the key attributes that drive the purchasing decision, as they have a stronger link to the top values – happiness and self-confidence – of the millennial mindset.



中文翻译:

从手段到目的:了解千禧一代购买奢侈珠宝品牌时的想法

摘要

对于奢侈时尚行业的人士来说,由于千禧一代的参与,全球高级珠宝市场已从 COVID-19 大流行的影响中反弹。了解推动千禧一代决策过程的态度和价值观,以及更好地了解他们的需求如何变化,对于帮助奢侈品牌生存至关重要。本研究应用手段-目的理论作为框架,探索千禧一代对推动购买决策的产品属性、收益和价值观的偏好。三十名泰国千禧一代参加了硬梯采访。使用 LadderUX 软件分析获得的手段-结束链。品牌、产品功能和美观是推动购买决定的关键属性,

更新日期:2022-07-26
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